|
For a current pricing matrix, complete our On-Line Form
|
Property Type: |
Commercial and Residential properties that have good location, market
feasibility, and no environmental risk. |
Loan Security: |
First fee mortgages encumbering projects along with customary assignments
and pledges. |
Loan Amount: |
$2,000,000 to $35,000,000 per property and/or borrower. Prefer $4 million
and up. |
Term: |
Negotiable based upon project and market study feasibility. |
Amortization: |
Negotiable based upon the project and market study feasibility. |
Maximum LTV: |
65%. |
Minimum LTC: |
65% of actual land and infrastructure costs. |
Recourse: |
Full Recourse for all Principals including the standard lender carve-outs.
|
Other Conditions: |
Certain Standard Terms and Conditions also apply. |
Interest Rates: |
Case-by-Case. |
|
ALL terms are subject to change.
|